ECONET Wireless Zimbabwe (Econet) and TN Bank apparently acted within the listing rules when they made an offer to minority shareholders to take over the bank in spite of an outcry from some sections of the market.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 7, 2012) - Thomas Clarke (the "Concerned Shareholder"), has prepared a Dissident Proxy Circular proposing a Replacement Board of Directors (the "Dissidents") for BonTerra Resources Inc (the "Company" or "BonTerra"). He is soliciting Proxies to be voted at the Annual General Meeting ("AGM") of the Company to be held on January 14, 2013 at 10:00am at ...

WASHINGTON -- The National Association of Corporate Directors (NACD) today announced the formation of the Global Network of Director Institutes (GNDI), an international partnership between nine leading ...

NEW YORK--(BUSINESS WIRE)--WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Westway Group arising from its agreement for Westway to be acquired by EQT.

Under the guidelines, independent directors are expected to arbitrate in the interest of the company as a whole PTI Mail Me Comment E-mail Print Tweet First Published: Tue, Jan 01 2013. 06 34 PM IST Earlier, these norms were not defined for non-official directors who are being appointed on boards of central public sector enterprises. Earlier, these norms were not defined for non-official directors who are being appointed on boards of

The government has come out with a set of guidelines for independent directors on boards of PSUs, defining their roles and responsibilities aimed at improving corporate governance in state-owned companies.

Of late, we have been blessed by more than a few positive news concerning our economy and society. There has been a transformation, from being the Sad Sack in East Asia to being the object of praise, without sarcasm, from the MD of the IMF. We should celebrate the gains we have made. We thank the lucky stars that have finally been aligned in our favor. But we should resist taking on hubris because we have a lot of homework that remains to be done. Our ranking in the global competitiveness index

THE movement towards stronger corporate governance continued apace in 2012 with the introduction of new rules, but two landmark cases served as reminders about how complex the issue can be. On the rules front, analysts and stakeholders lauded updates to the Code of Corporate Governance and the Companies Act. But questions about how to actually practise governance also came under the spotlight amid court action related to Airocean Group and China Sky Chemical Fibre Co. "It was a busy year for Sin

Attention, directors of small-cap companies. Help is on the way. The corporate governance mishaps of giants such as , Lehman Brothers, get plenty of media attention. Rightly so. The snafus created by inattentive and egotistical directors of monster companies can affect thousands of employees, millions of customers, and, in the case of Wall Street mismanagement, the entire economy. Much of that insight into the governance of the largest publicly traded companies has only slight relevance to the v

Many of us make New Year's resolutions, whether we remain resolved and keep them or not. However, they're often changes we really do need to make in order to make healthy progress in our lives. That's what makes them so hard so much of the time. Sometimes it's simply easier to stick with habits and to what you know. In the spirit of the coming new year and a fresh start on the calendar, let's hope more corporate managements and boards make their resolutions thoughtfully. For example, resolving t

In a bid to address the concern that issue of stock options to independent directors might be causing conflict of interest and casting a cloud over their independence, the new Companies Act is set to end this practice. The new Bill, approved in the Lok Sabha and likely to be cleared by the Rajya Sabha early next year, categorically says an independent director will not be entitled to stock ...

LAHORE: Good corporate governance, being a key driver for business performance, is not just an essential but a necessary ingredient for the countryâs economic revival, stated the participants at a corporate governance workshop for small and medium enterprises (SMEs) organised by the Lahore Chamber of Commerce and Industry (LCCI) in collaboration with the International Finance Corporation (IFC) on Thursday. According to them, good governance is a major tool when it comes to attracting foreign i

* Corporate governance model can’t be applied without change Corporate governance model can’t be applied without change By: Our Staff Reporter | December 21, 2012 . Tweet Share Corporate governance model can’t be applied without change LAHORE – The participants of workshop on ‘Corporate Governance’ have stressed the need for modifications in global corporate governance model, saying that it could not be same for all countries as ground realities and economic conditions are not similar in diffe